The price has been going down since it hit the monthly resistance MR1 a few months back. The price came back to monthly support and bounce from there. Now it is experiencing a pullback from that bounce and the price is currently trading at weekly support WS1 which is also close to monthly support MS1. I think the current setup is offering a good long opportunity...
With the ever-evolving crypto landscape, it's easy to get caught up in the latest trends and tokens, but sometimes the most valuable gems are right in front of us. Litecoin, often referred to as the "silver" to Bitcoin's "gold," is one such cryptocurrency that has been quietly making strides in the digital currency world. Here are a few reasons why Litecoin might...
LTC - 10/10/23 **Trade setup:** LTC is trapped in between this supply and demand zone since the fall from $84, if it is broken there is a FVG to tap into around $72 a break of $72 will turn the trend bullish again! If this DEMAND zone is broken it will head for the low it created 16th AUG!
LTC/USD futures is currently sitting upon on support. Support shows its current stability can rise towards $104.68 LTCUSD BUY/LONG Entry: $63.63 Stop Loss: $58.84 Targets: TP 1: $84.63 TP 2: $104.68 SWING TRADE Risk: 2-5% of Capital
Traders, In addition to breaking out of the triangle, LTC has now formed and broken the neckline of an Inverse Head and Shoulders. The target here takes us straight to the underside of that RED TL (major resistance) and that will be my target. Entry = 67.67 Target = around 78-80 SL = under 63 R/R = 2.5 Additionally, I have move the stops of ALL my other trades...
LTCUSD will double bottom along this horizontal line This allows for a bullish reversal Currently LTCUSD is a bargain, buy up!
- Litecoin (LTC) experiences intense volatility prior to its halving event. - The halving event is expected to reduce the mining reward for LTC from 25 to 12.5 coins. - Price fluctuations are observed as investors panic sell and others hold on to their positions. - The trading range remains relatively tight during this period. - Uncertainty surrounds the impact of...
Litecoin may turn upside for wave d from a triangle pattern if will keep 65.39 level. Wave b rejected at 0.854 fib retracement of wave a and now probably will bounce from 0.854 retracement of wave b(71.09) If will break above 79.77 It will will strengthen our count! Hit the like button if you like my analysis and follow me for future updates! Good luck!
H4 - Bearish trend pattern followed by a double wave correction. Bearish divergence. Most recent uptrend line breakout. Until the strong resistance zone holds I expect short term bearish moves to happen here.
Litecoin (LTC) Technical Analysis: Navigating Short-Term Challenges for Long-Term Gains Introduction: Litecoin ( NYSE:LTC ) is currently trading at $65, and it's crucial to dissect its high-timeframe (HTF) chart to understand the potential short-term hurdles and long-term prospects. In this comprehensive technical analysis, we will explore what lies ahead for...
Litecoin broke down through the 50EMA (1H TF) The chart has formed long upper shadows (1H TF) RSI is near neutral values. Price will continue to decline after exiting the wedge.
Litecoin is poised to test the low 60's over the coming week. My trade scanner has called a signal to go short from 64.90 with a stop at 66.25 and take profit at 62.90 approximately. This was shared yesterday around 6:30 PM EDT. These signals are private but I am sharing it here so that as a community we can evaluate the context and observe the outcome. Having a...
After a big drop in Litecoin from nearly $115 to less than $58, the opportunity for a swing trade in the opposite direction might be arising. The setup we are watching would involve taking a long position with the breakout above Resistance 1 and tight stop-loss below it. The idea behind this trade would be to ride the price retracement toward the 50-day SMA. The...
I expect another dip to local lows, which will serve as a good entry point for a long time. you cannot set a stop above the level of $56 (if the candle is fixed below this price, exit the position)
Bullish sun 🌞 continues to shine over the global crypto market in the next 24 hours, signaling upside potential. Yet, some altcoins, such as Litecoin, Avalanche, and Binance, face cloudier ☁️, slightly bearish trading conditions. ATTMO signals bullish sun 🌞 for Bitcoin, Litecoin, Cardano, Chainlink, and Uniswap over a one-week horizon. Ether, XRP, and Binance,...
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (LTCUSDT chart) (1D chart) While trading futures, there are times when you need to check the big picture movements. That's when a trade doesn't go well or when a big uptrend is...
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. However, that doesn't mean that you can't still find good trading opportunities. Some of the setups in the video might come sooner than others; because crypto is more volatile than stocks I always expect...
we see consolidation on Litecoin 101.53 is sell limit level, TP around $92,50 ... Hope all moves will be bullish in crypto world...